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TMI Blog2014 (5) TMI 1077X X X X Extracts X X X X X X X X Extracts X X X X ..... -D] directing to to allow the depreciation on WDV method - I.T.A.No.2089/Mds/2013 - - - Dated:- 23-5-2014 - Shri A. Mohan Alankamony, Accountant Member Shri V. Durga Rao, Judicial Member For the Appellant : Shri T.N. Betgeri JCIT For the Respondent : Shri R. Vijayaraghavan, Advocate ORDER PER V. DURGA RAO, JUDICIAL MEMBER: This appeal filed by the Revenue is direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome of the assessee. 3. On appeal, the ld. CIT(Appeals), by following the decision of the Tribunal in the case of K.K.S.K. Leather Processors Private Limited v. ITO [2010] 126 ITD 215, directed the Assessing Officer to allow the claim of depreciation on WDV method. 4. Aggrieved, the Revenue is in appeal before the Tribunal. 5. The ld. DR supported the order passed by the Assessing Offic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Limited v. ITO (supra). Before us, the Revenue has not filed any material to controvert the findings of the Tribunal in the above referred case. Therefore, we hold that the CIT(A) has rightly directed the Assessing Officer to work out assessee s claim of depreciation under WDV method and the grounds raised by the Revenue stand dismissed. 8. In the result, the appeal filed by the Revenue is di ..... X X X X Extracts X X X X X X X X Extracts X X X X
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